Tags » Recession
The other day I received an email from a fellow blogger who was wondering why the US Housing market wasn’t doing better.
He hails from Canada and apparently Housing in Canada is still strong without the benefits of mortgage interest deductibility and most of Canadians only lock in mortgage rates for 5 years. 1,300 more words
The Institute of Fiscal Studies survey reported by the FT today might make comfy reading for the UK finance minister seeking re-election at the polls in May but scratch and sniff the latest “feel good” numbers we have been presented by the venerable think-tank and you might challenge the hype. 272 more words
At the onset of the 2008 recession, Canadian employment trends took a turn for the worse. In particular, the manufacturing sector — linked to the contagious financial downturn south of the border — saw thousands of layoffs. 1,008 more words